As you can see, bitcoin is in its fourth symmetrical triangle in its bullrun.
This could be the catalyst for 20k, but keep in mind that a fakeout to the upside is possible.
In the symmetrical triangles before, we went up and crashed directly after that to the downside.
So if you trade this symmetrical triangle, know when to close and take your...
As you see bitcoin is now forming a symmetrical triangle (bullish pennant), this could be the catalyst for the breakout of 20k.
Please keep in mind the manipulation in this market and that it can easily go down, btc always surprises us so be ready for a surprise.
Also lets dont forget about the CME gap at 16.8k
This can be a very good trade, but do...
As you can see in my TA there are two patterns forming right now, a possible head and shoulders and there is a symmetrical triangle.
I would like to inform you to be careful and consider selling your bitcoin, when this pattern breaks to the downside the expected price target would be around 16k.
Dont forget that we are in a bulltrend, bearish...